You are applying for a loan modification or workout with your mortgage company and you need to write a letter on what has caused your “hardship” for your package. What is making it to hard to keep up with the payments or bring them current. Where do you start? Here are some ideas for your [...]
Once a year you are allowed to receive a free copy of each of your credit reports. You can always request them more often, but then you will have to pay for those requests unless you have a valid reason to request additional free copies (like you were turned down for credit or a job).
So [...]
Wilshire Credit Corporation is a nationwide servicer of residential mortgages, and they have foreclosed
properties for sale. If you are in the market to purchase a foreclosed property as an investment, or to live in you should check out their site and search for a property.
Wilshire Credit REO Property search. I like the search interface for [...]
No matter the condition of the real estate market it is good advice to avoid these real estate deal killers.
1. Skipping the pre-approval process. Assuming you are able in today’s market to finance your purchase just the way you want to is the wrong approach. You do not want to pick out your dream home, [...]
Shopping rates when getting your mortgage can be a good idea. Shopping a few different lenders can help you to make sure you get a great deal. Remember when you are shopping rates that rates are good the moment you hear them and you must be ready to act when you hear the best one.
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